nclat

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    NCLAT Rejects Reliance Realty's Insolvency Plea Against Altruist

    New Delhi, March 9 The National Company Law Tribunal (NCLAT), the corporate dispute appellate tribunal, has dismissed Reliance Realty's appeal seeking insolvency proceedings against Altruist Customer Management.A three-member bench of the appellate tribunal upheld the order of the National...
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    NCLAT Dismisses Dhoot Brothers' Appeal in Videocon Insolvency Case

    New Delhi, March 1 The appellate tribunal, NCLAT, has dismissed petitions filed by two Dhoot brothers – Rajkumar Nandlal Dhoot and Pradeep Nandlal Dhoot – challenging the initiation of personal insolvency against them over a default committed by debt-ridden Videocon Industries.Personal...
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    Jindal Poly Films Faces Continued Scrutiny Over Shareholder Allegations

    New Delhi, February 28 The appellate tribunal, the NCLAT, has declined to stay an order of the National Company Law Tribunal, which has admitted a class action petition against Jindal Poly Films, filed by its shareholders.A two-member NCLAT bench held that the petition filed by the minority...
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    NCLAT Ruling on Benami Act Appeals Upheld by Supreme Court

    New Delhi, February 24 The Supreme Court on Tuesday upheld a decision by the NCLAT that said that attachment under the Prohibition of Benami Property Transactions Act, 1988 (Benami Act) can only be challenged before the authorities specified in that act.A bench of justices PS Narasimha and...
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    Supreme Court Addresses WhatsApp Data Sharing Concerns

    New Delhi, February 23 – Messaging platform WhatsApp informed the Supreme Court on Monday that it would comply with the directions issued by the Competition Commission of India (CCI), requiring the platform to give users greater control over whether their data is shared with other Meta...
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    CCI Penalty Challenge: SC to Examine WhatsApp's Data Practices

    New Delhi, February 22 – The Supreme Court is scheduled to hear appeals filed by Meta Platforms and WhatsApp LLC challenging a National Company Law Appellate Tribunal (NCLAT) order that upheld a penalty of ₹213.14 crore imposed by the Competition Commission of India (CCI) over the messaging...
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    Settlement Agreement Leads to Withdrawal of NCLAT Insolvency Petition

    New Delhi, February 22 The National Company Law Appellate Tribunal (NCLAT) has directed the withdrawal of insolvency proceedings against realty firm Mahagun after it has reached an agreement with its financial creditor.A two-member bench of the National Company Law Appellate Tribunal (NCLAT)...
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